AAPL Short Idea for Long TermAAPL is bearish in Long run. High probability of Price test the Supply zone of 172.26 - 176.27 and a fall to the demand zone of 136.25 - 133.77 followed by an Imbalance in Price.
A strong reversal pattern of AB=CD has been established followed by a continuation pattern of H&S which can help the price reach to the supply area.
Aaplanalysis
AAPL Hitting weekly resistance, a pullback is on the wayPrice pierced into the weekly resistance zone. This is a strong resistance zone. A considerable pullback is expected here before the next attempt to break this resistance.
If that expected pullback is there, the price will probably tap into this below weekly support and bounce from there.
AAPL aka APPLE IdeaHere you go....
Next analysis will be AAPL..
As major trend still consider uptrend. But as projected, this pair might gonna retest previous high.
Am looking for Selling opportunity for some profit taking and looking buy opportunity. As i more on dance with the market movement, approach will be day trade, scalping and swing..
Let's see what happen next..